7650 Rico Road # 10,Chattahoochee Hills, GA 30268
Chattahoochee Hills, GA 30268
Description
Homes in the treasured Rico Lake community don't come on the market often, but here is your opportunity to grab one. This home is one of the more spacious ones and sits on one of the community's largest lots. Views from the expansive front porch, and from other rooms, are priceless. There is a boathouse on the lake and two small outbuildings. Home is being sold as-is, no disclosure. Rico Lake is a private, gated community in Chatt Hills, a city unlike any other due to its commitment to preserving 70% of the city's land. Rico Lake was founded in the 1040s as a weekend fish camp, and it retains that unique charm today. A single lane road circles the lake and feels more like a private driveway. There is a community park along with wooded trails meandering through unique rock formations and untouched nature areas. The 30 lakefront lots are leased, so the buyer will obtain a leasehold interest in the land and fee title to the improvements. Cash sale only; no mortgages due to the leased lot. Buyer will be required to purchase one share of stock in Rico Corp at closing and become a shareholder (one of only 30). Rico Lake is tucked in the woods, but dining/social opportunities are only several miles away in Serenbe. Chatt Hills features a number of small farms with farm stands, animal experiences and goodies. The city's parks, like Cochran Mill and New Riverlands, are tops! Please contact the listing agent, who is also a shareholder, with any questions or concerns about this unique style of ownership. It isn't for everyone, but may be perfect for you! Showings are by appointment only. Rico Corporation governing documents are available to prospective purchasers upon request.
Details
| MLS # | 10825460 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $1,350 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 14 |
| Listing Provided By | REMAX Concierge | Dawn Scarbrough |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,593 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 1.50 |
| Water Front | Yes |
| Property View | Yes |
Interior
| Appliances | Dishwasher, Electric Water Heater, Range, Refrigerator |
|---|---|
| Interior Features | Master On Main Level |
| Cooling | Ceiling Fan(s), Central Air, Electric, Heat Pump |
| Cooling Yes / No | Yes |
| Heating | Central, Electric, Heat Pump |
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
| Room Kitchen Features | Country Kitchen |
| Laundry Features | Laundry Closet |
Exterior
| Exterior Features | Dock |
|---|---|
| Lot Features | Sloped |
| Construction Materials | Wood Siding |
| Roof | Metal |
| Foundation Details | Block, Pillar/Post/Pier |
| Waterfront Features | Lake |
| Patio And Porch Features | Porch, Screened |
| Security Features | Gated Community |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Parking Pad, RV Access/Parking, Boat |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | Electricity Available, High Speed Internet, Phone Available |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Annual Amount | 1471.61 |
|---|---|
| Tax Year | 2026 |
Location
| Community Features | Gated, Lake, Park |
|---|
Area Information
| State | GA |
|---|---|
| County | Fulton |
| City | Chattahoochee Hills |
| Zip Code | 30268 |
| Area | Fulton |
| Community Name | Rico Lake |
| School District | Creekside |
| Elementary School | Palmetto |
| High School | Creekside |
| Listing VS Median (in Rico Lake) | |
Price: $345,000 low | high Med: $345,000 sqft: 1,593 low | high Med: 1,593 $ / sqft: $217 low | high Med: $217 On site: 14 low | high Med: 14 | |
Market Activity 30268
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Learn More About This Property
| State | GA |
|---|---|
| County | Fulton |
| City | Chattahoochee Hills |
| Zip Code | 30268 |
| Area | Fulton |
| Community Name | Rico Lake |
| School District | Creekside |
| Elementary School | Palmetto |
| High School | Creekside |
| Listing VS Median (in Rico Lake) | |
Price: $345,000 low | high Med: $345,000 sqft: 1,593 low | high Med: 1,593 $ / sqft: $217 low | high Med: $217 On site: 14 low | high Med: 14 | |